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LOAN RESTRUCTURING GUIDELINES
Harassed by loan recovery agents? Know your legal rights and 6 steps to fight backBorrowers struggling with debt often face harassment from recovery agents through abusive calls, threats, public shaming, and unauthorised ...
ECB filings halve to USD 5.43 billion in March: RBIIndian companies and lenders saw foreign borrowing filings drop significantly in March. This reduction occurred amidst global financial mar...
PFC net up 3%, expects merger with REC by April 2027; flags concern over RBI normsPower Finance Corporation and REC Ltd are planning to merge by April 1, 2027. This merger will create a single platform for financing India...
Govt offers debt restructuring and one-time settlement to sugar mills for loans taken under SDFThe government has issued revised guidelines for loans taken under the Sugar Development Fund (SDF), providing relief to sugar mills. The g...
HDFC Bank's loan restructuring 2.0 policy: Terms and conditions, eligibility, chargesVarious banks have announced the terms and conditions for availing their loan restructuring 2.0. Here is a look at the FAQs of HDFC Bank's ...
HDFC Bank loan restructuring: Who can avail the scheme, documents required, impact on credit reportAs per the FAQs released by the HDFC Bank, individuals are eligible to apply for loan restructuring irrespective of whether they have opted...
KV Kamath goes to raters to get loan recast formula vettedCrisil, Icra and CARE are among the rating companies approached by the five-member panel, three top industry executives with direct knowled...
How RBI's new loan restructuring framework is different from previous schemesFollowing is the comparison between the previous restructuring schemes and the new Covid-19 related framework.
Banks restructure corporate loans of Rs 2.04 lakh cr in FY17Banks restructured loans, that were sanctioned to companies, of worth Rs 3,70,279 crore in FY2014-15 and Rs 2,99,111 crore in 2015-16.
Banks get breather in restructured loans classificationTotal stressed assets (restructured plus non performing assets) in the Indian banks was 11.5% of Rs 75 lakh crore outstanding loans at end-...
RBI norms on corporate loan recast credit positive for banks: Moody'sRBI guidelines on restructuring of corporate loans are credit positive for Indian banks and will benefit lenders, including SBI and IDBI Ba...
Central Bank of India tops list with highest NPAs among PSU banksAccording to the data provided by the RBI to the Finance Ministry, Central Bank of India's 21.5 % assets are either bad or have been restru...
Bad loans of PSU banks mounted due to economic slowdown: FM Arun JaitleyJaitley said bad loan amount in the last fiscal has mounted to Rs 2,45,809 cr from Rs 1,83,854 cr in 2012-13 and Rs 1,37,102 cr in 2011-12.
RBI tightens guidelines to deal with loan default; suggests timeline to restructure loansThe RBI on Thursday laid out rules for early detection of loan default and suggested a timeline to restructure loans in a move that will en...
Higher provision for rejigged loans credit positive: Moody'sThe increased provisioning for restructured loans is credit positive for Indian banks as it increases their loss-absorption buffers, Moody'...
Non-performing assets to double in two years: ICRA"There could be a steep increase in the reported NPA percentage from 3.3% as on March 2013 to as high as 5.5-6.5% in 2015," ICRA report sai...
- Loan recast to peak next fiscal to touch Rs 3.12 trillion: Care
The draft norms also make it easier for banks to reclassify accounts as well as the restructured assets as standard accounts.
- RBI draft norms for loan restructuring may hit banks' earnings
The norms, if implemented, would be applicable to new restructured accounts with effect from April 1, 2013.
- Bad loans to double in 2 years as RBI tightens recast norms
RBI's efforts to clean up the banking system could double the reported bad loans in the financial system and raise the demand for more capi...
- Higher provisions for recast loans not to have much impact: Bank of Baroda
The Reserve Bank's revised higher provisioning norms for restructured loans will not have much impact on Bank of Baroda, a top bank officia...